
Paso Robles, California 93446
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $780,000—positioned slightly above the $747,415 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, featuring fresh paint and a Versatile Detached Casita that provides significant income potential. Located in the Paso Robles Joint Unified district, this home balances lifestyle with utility. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers looking for a flexible, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1214 Shadow Meadow Subject 4 bd · 3 ba · 1,555 sqft · $478 | $750,000* List Price | 4 | 3 | 1,555 | $478 | - |
A 615 Palomino Sold 3 bd · 2 ba · 1,466 sqft · $450 · 1.0 mi | $660,000 | 3 | 2 | 1,466 | $450 | 1.0 mi |
B 1209 Echo Court Sold 3 bd · 2 ba · 1,921 sqft · $403 · 0.2 mi | $775,000 | 3 | 2 | 1,921 | $403 | 0.2 mi |
C 1238 Katherine Court Sold 3 bd · 2 ba · 1,286 sqft · $529 · 0.4 mi | $680,000 | 3 | 2 | 1,286 | $529 | 0.4 mi |
D 1031 Rachel Sold 3 bd · 2 ba · 1,743 sqft · $410 · 0.6 mi | $715,000 | 3 | 2 | 1,743 | $410 | 0.6 mi |
E 805 Turtle Creek Sold 3 bd · 2 ba · 1,404 sqft · $426 · 0.9 mi | $598,000 | 3 | 2 | 1,404 | $426 | 0.9 mi |
F 305 Rosemary Sold 4 bd · 3 ba · 2,025 sqft · $399 · 0.5 mi | $807,500 | 4 | 3 | 2,025 | $399 | 0.5 mi |
G 440 Helen Street Sold 3 bd · 2 ba · 1,287 sqft · $451 · 0.5 mi | $580,000 | 3 | 2 | 1,287 | $451 | 0.5 mi |
H 1136 Mazzini Road Sold 3 bd · 2 ba · 1,774 sqft · $415 · 0.6 mi | $735,590 | 3 | 2 | 1,774 | $415 | 0.6 mi |
I 1118 Golf Active 3 bd · 3 ba · 1,678 sqft · $447 · 0.6 mi | $750,000 List Price | 3 | 3 | 1,678 | $447 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, this 24-year-old home is well-maintained, functional, and move-in ready. It features fresh interior and exterior paint, though the kitchen retains dated tile countertops typical of its original build era.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7224, living area = 1555.
The property features a rare detached casita with a private entrance, offering significant potential for rental income, a guest retreat, or a private home office in a high-demand market.
Freshly painted inside and out with a fully insulated garage and high ceilings, this home is in move-in ready condition, minimizing immediate post-purchase expenses for the buyer.
With four bedrooms distributed across only 1,555 square feet, the individual room sizes and common living areas may feel constrained for larger families or those desiring spacious interiors.
The list price of $780,000 represents a high price-per-square-foot for the area, which may limit the pool of buyers looking for more substantial square footage at this valuation.
INVESTOR OPPORTUNITY | 10 YEARS OF RENTAL HISTORY | DETACHED CASITA | LOW-MAINTENANCE LIVING Some properties offer potential. Others offer a rental history worth paying attention to. Welcome to 1214 Shadow Meadow Way, a compelling opportunity for investors seeking a residential property with an established rental track record and long-term hold appeal. Rented for approximately the past 10 years and generating just under $3,000 per month, this versatile property offers a history that sets it apart from the typical investment opportunity. Featuring 4 bedrooms and 3 bathrooms, the property includes a detached fourth-bedroom casita with its own private entrance—a distinctive feature that adds flexibility and broadens its appeal. The main residence offers comfortable living spaces, high ceilings, and a functional layout, complemented by a refreshed appliance package that adds a welcome update for future occupants. Outside, the low-maintenance backyard provides an inviting outdoor space without the demands of an elaborate landscape, offering another practical advantage for owners looking to simplify ongoing property upkeep. Located in an established Paso Robles neighborhood, the property offers convenient access to shopping, everyday amenities, downtown Paso Robles, and the area's renowned wine country. Fresh interior and exterior paint further enhance its presentation, while the two-car garage provides additional convenience and storage. For the buy-and-hold investor, the appeal is clear: a desirable location, a versatile floor plan, a detached casita, refreshed appliances, a low-maintenance backyard, and approximately a decade of rental history to help inform your investment analysis. Whether you're expanding your portfolio or searching for your next long-term real estate investment, 1214 Shadow Meadow Way deserves a closer look. A decade of rental history. A detached casita. Thoughtful updates. A long-term investment opportunity in Paso Robles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 1,555 | 1,827.602 |
| Lot Size | 7,224 | 8,814.944 |
| Price | $750.0K | $812.6K |
| Price per sq ft | $482 | $445 |
| Built year | 2002 | 1990 |
| HOA | $0 | $186 |
| Days on market | 46 | 66 |
Sep 30, 2026
$750,000
$780,000
-4% Price Drop
Initial Listing
Sep 8, 2026
$780,000
Initial Listing
Jun 25, 2002
$259,000
Public Record
Jan 25, 2002
$223,000
Public Record